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course | Advanced Purchasing Management & Effective Purchasing Tendering & Supplier Selection

Boost your profile through Advanced Purchasing Management & Effective Purchasing Tendering & Supplier Selection. Expert trainers, practical exercises, and

PSCO-647 | Advanced Purchasing Management & Effective Purchasing Tendering & Supplier Selection

Course Sector : Procurement & Supply Chain Operations

Duration
Date from
Date to Course Venue Course fees Book a course
5 Days13/12/202617/12/2026Doha$4,250 Book now
5 Days15/03/202719/03/2027Zurich$5,950 Book now
5 Days14/06/202718/06/2027Dubai$4,250 Book now
5 Days02/08/202706/08/2027Dubai$4,250 Book now

Course Introduction

Purchasing is one of the most important functions for successful organizations. Selecting and applying the appropriate methodologies to ensure value for money and high-quality delivery by suppliers requires collaboration across all functions and a strong contractual underpinning of the supplier relationship. This requires a complete understanding of the needs of the organizations and the capabilities in the supply market.


Course objective

  • Be more effective in managing Purchasing
  • Development of appropriate strategies for delivering value
  • Use appropriate methodologies for managing suppliers
  • Use of tendering, negotiation, and other techniques
  • Enhance the value obtained from suppliers
  • How to measure and improve the performance of the Purchasing function
  • Consider how the wider business environment affects procurement
  • Consider the latest advances in Purchasing management

Course audience

  • Engineering 
  • Construction 
  • Tenders 
  • Buying 
  • Procurement 
  • Finance 
  • Projects 
  • Public Sector 
  • Contracts 
  • Purchasing 
  • Commercial

Course Outline | Day 01

The Basis of Purchasing Management: Principles of Good Procurement
 

  • Requirements and Specifications
  • Spend mapping
  • Supply Segmentation
  • Contracts
  • Price, cost, and value: Principles of Good Management 
  • Strategy, vision
  • Styles of management
  • Objectives of Purchasing Management
  • Organisational structure

Course Outline | Day 02

Sourcing and supplier management
 

  • Appropriate sourcing techniques
  • Tendering 
  • Open, Restricted, negotiated competitive dialogue.
  • PQQ – pre-qualification questionnaires
  • Tender evaluation
  • Negotiation
  • Electronic procurement
  • E-auctions: Assessing and allocating risk
  • Identifying Risk
  • Mitigating Risk
  • Split supply arrangements
  • Approved supplier lists and blacklists

Course Outline | Day 03

Risks and opportunities in the supply market
 

  • Supplier Management and Development
  • Global sourcing
  • Incoterms
  • Supplier Evaluation
  • Partnerships and alliances
  • Force major clauses
  • Supplier Development Local supplier development
  • Corporate Social Responsibility
  • Ethical and environmentally responsible sourcing

Course Outline | Day 04

Managing Suppliers
 

  • Ensuring performance
  • Getting back on track
  • The total cost of ownership
  • Managing Partnerships
  • Appropriate opportunities for partnering and alliances
  • Structure of partnerships
  • Duration and end of partnership arrangements
  • Managing non-critical suppliers: Managing Service Suppliers
  • Service Level Agreements
  • Supplier non-conformance and corrective actions.

Course Outline | Day 05

Measuring Performance, leading change in Procurements
 

  • Key Performance Measures
  • Financial Measures

Leading Change
 
  • Ensuring Cross-functional collaboration
  • Procurement Marketing
  • Promoting Purchasing to the organization
  • Change Management
  • Critical path analysis
  • Stakeholder analysis
  • Action planning
  • Program highlights and final observations
Course Certificates
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BOOST’s Professional Attendance Certificate “BPAC”

BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.

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